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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Keith Feral who wrote (96419)8/19/2008 10:21:16 AM
From: I_C_Deadpeople  Read Replies (2) of 110194
 
Keith, peak oil is not 'far fetched', it is a simple geological fact that is being proven over and over again as each large field goes into decline. Oil sands, shale oil and all other unconventional oil deposits are huge in the world BUT they simply cannot be extracted easily,cheaply,quickly or in mass. Peak oil is more about production rates than reserve quantity.
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